Report: Global Income Inequality Is Staggering

785 views · Published 30 May 2013 · 3:50 · Indexed 12 November 2026

Channel: Secular Talk · 2013 · News & Politics

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The lead research economist at the World Bank, Branko Milanovic, will be reporting soon, in the journal Global Policy, the first calculation of global income-inequality, and he has found that the top 8% of global earners are drawing 50% of all of this planet's income. He notes: "Global inequality is much greater than inequality within any individual country," because the stark inequality between countries adds to the inequality within any one of them, and because most people live in extremely poor countries, largely the nations within three thousand miles of the Equator, where it's already too hot, even without the global warming that scientists say will heat the world much more from now on...

Read More At:
http://www.salon.com/2013/05/29/worlds_richest_8_percent_earns_half_the_planets_income_partner/

Clip from the Wednesday, May 29th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.

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